Making Payment Instructions – Sample Letter Templates
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
For free & impartial money advice you can visit MoneyHelper. We work with The Debt Advice Service who provide information about your options. This isn’t a full fact-find, some debt solutions may not be suitable in all circumstances, ongoing fees might apply & your credit rating may be affected.
Are you searching for a ‘payment instruction letter sample’? You are in the right place. This article will give you the help you need.
We understand that writing to your bank can feel a bit scary. You might be worried about getting the right words or sharing the right details. You’re not alone. Every month, over 170,000 people visit our website for help with money problems.
In this article, we’ll show you:
- How to ask your bank to pay bills from your account.
- How to stop a company taking money from your account.
- How to stop your card issuer taking money from your account.
- How to legally write off debt.
- How much debt is too much.
We know it’s not easy dealing with money problems. That’s why we also have sample letter templates for you to use.
Let’s get started!
Ask Your Bank to Pay Particular Bills Out of your Account
The first right of appropriation states that you have a legal right to tell the bank what to do with your money. This means you can request that they use your money to pay bills and essential expenses, which must be legally honoured. The bank must execute your request even when they want to take money from you, such as when they are trying to recover money for an overdraft.
If you are struggling with an overdraft but need to use money in your account to pay bills, use this free letter template to ask the bank to make a payment on your account. They can’t say no!
Ask Your Bank to Pay Particular Bills Out of your Account
How a debt solution could help
Some debt solutions can:
- Stop nasty calls from creditors
- Freeze interest and charges
- Reduce your monthly payments
A few debt solutions can even result in writing off some of your debt.
Here’s an example:
Situation
| Monthly income | £2,504 |
| Monthly expenses | £2,345 |
| Total debt | £32,049 |
Monthly debt repayments
| Before | £587 |
| After | £158 |
£429 reduction in monthly payments
If you want to learn what debt solutions are available to you, click the button below to get started.
Withdraw Your Continuous Payment Authority from Payday Loan Company
Many PayDay loan companies will use a Continuous Payment Authority to take repeat payment from your bank card (rather than using a direct debit). You have the right to withdraw your authorisation from the loan provider to take payments from your card using this method. To do this effectively and to save time, download our free letter template and ask them to stop instantly.
Withdraw Your Continuous Payment Authority from Payday Loan Company
Withdraw Your Continuous Payment Authority from Your Card Issuer
You might prefer to withdraw your permission of the Continuous Payment Authority from your bank instead. Use this letter to ask your bank to stop any future payments to be taken from your card. You might want to send both letters to make double sure that no more payments are taken from your bank card using a Continuous Payment Authority.
Withdraw Your Continuous Payment Authority from Your Card Issuer
